Indiana Code 25-34.1-12-2. Buyer agency agreement or authority to represent buyer; writing required; retention by selling broker
Current as of: 2024 | Check for updates
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Terms Used In Indiana Code 25-34.1-12-2
- Broker: means a person who:
Indiana Code 25-34.1-1-2
- in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
Sec. 2. Buyer agency agreements, or any authority to represent a buyer, shall show a definite date of expiration and shall be in writing, either on paper or in electronic format, with one (1) copy to go to the buyer within three (3) business days of the time of signing. The original and all electronic files shall be retained in the office of the selling broker.
As added by P.L.47-2024, SEC.2.